Cover repairs and replacements when home systems, equipment and major appliances break down.

What is Home Systems Protection?

Equipment Breakdown coverage designed for residential properties that provided physical damage to covered equipment such as home infrastructure systems and personal property.

Provides coverage for sudden and accidental:

Mechanical Breakdown

Electrical Breakdown

Bursting, Cracking or Splitting of Covered Home Equipment

That results in direct physical damage and requires repairs or replacement of all or part of the damaged “covered home equipment”.

Here's why you need it

Canadian homes keep getting bigger. They’re also becoming better equipped. As homes have changed, so have the complexity and value of the systems it takes to keep them comfortable. Homeowner property policies do not cover most mechanical, electrical or heating equipment breakdowns. As a result, homeowners can end up footing the bills for loss that can total many thousands. By packaging Home Systems Protection in a homeowner’s policy, you can include this important coverage for just pennies a day.

What's covered?

Examples of covered equipment are:

Personal property (appliances and electronics)

Central air conditioning

Ventilation systems and fans

Boilers and water heaters

Furnaces, heat pumps, heaters, solar heaters

Deep well pumps

Back-up generators

Chair lifts and elevators

Electrical power panels

Various types of motors and mechanical devices

Pool equipment

Central vacuum systems

Loss Example: Air Conditioning

Metal fatigue causes a fracture in the refrigerant line of a 3-ton air conditioning compressor.

Replacement of line, compressor, refrigerant and oil costs $3,750.

Loss Example: Main Electrical Panel

A main electrical panel’s circuit breaker failed to trip as designed, overloading and overheating wiring, lighting switches, outlets and appliances, which had to be replaced along with the circuit.

Total loss: $13,992

Features

Limits of Liability

$50,000 per accident unless a higher limit is shown in the schedule of the endorsement The equipment breakdown limit does not increase the property limits.

Loss of Use

Coverage for additional living expenses and fair rental value if the home becomes uninhabitable for a period of time due to a covered loss is provided to the equipment breakdown limit.

Spoilage

Pays for loss of perishable goods for up to $500 stored in a refrigerator or freezer at the time of a covered loss to that unit.Deductable

Same as the Homeowners deductible, unless a different deductible is shown in the endorsement schedule.

Please contact us for a quote today and see how little it costs to protect your home’s valuable systems, equipment and appliances.

As a policyholder, you get complimentary access to MyHomeWorksTM tools to help you create a secure inventory, prevent loss, maximize energy efficiency and save money in your home. It’s free as part of your homeowners policy.

BLOG POSTS

Free March Break Skates & Swims

Thursday, March 7, 2019

Ayr Digs Downtown Giveaway

Monday, July 16, 2018

DO YOU DIG DOWNTOWN AYR? We sure do...
Enter the #AYRdigsDOWNTOWN Giveaway!
We're giving away 4 gift certificates to some of our business partners that are affected by the road work in downtown Ayr! Keep up to ... Read more

Insurance for Buildings Under Construction or Renovation

Monday, April 9, 2018

The thought of building something new is exciting. You’ve saved for a long time to build your dream kitchen, to expand your home with an addition or to build a new barn, workshop or garage. Most people consider ... Read more